While you're tracking agency fees and job board spend, the real damage is happening somewhere you're not looking: lost productivity, missed deadlines, burned-out teams picking up the slack.
This report breaks down what a vacant tech role actually costs, why hiring keeps getting slower, and what the fastest-hiring companies do differently. If you're a hiring manager, TA lead, CTO, or founder building a tech team, this is the data you need before your next role goes live.
What's inside
- The real breakdown of what a vacant tech role costs, from lost productivity and missed deadlines to hidden costs like contractor premiums and burnout-driven attrition.
- Current hiring benchmarks across the US, UK, and Germany, and why timelines keep getting longer.
- What the fastest-hiring companies do differently, plus a practical playbook for cutting time to hire without lowering the bar.
By the numbers
$5.5 trillion
IDC estimation of the global tech talent shortage costs in lost business
2 to 3x
The day-rate premium of a contractor bridging a vacancy vs. a permanent hire
$4,129
SHRM's average cost of an unfilled position over a 42-day vacancy